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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Stunning Lake LBJ waterfront. Nearly 5,000 square feet of lakefront living built for entertaining. Located inside the gated Legends community, this custom waterfront home delivers space, shoreline, and serious lake lifestyle. The oversized dock anchors the waterfront with a boat lift, double wave runner lift, wet-step ladders, and jumping gate for effortless lake access. An elevated entertaining deck above the lift creates the perfect spot to watch the action on the water. Outdoor living continues at the home with a large covered patio and full outdoor kitchen featuring a Coyote grill, gas fireplace, TV, and easy ramp access down to the dock. Inside, the open living area is framed by large windows overlooking Lake LBJ and connects seamlessly to a chef’s kitchen equipped with JennAir appliances, 6-burner gas rangetop, oversized island, farmhouse sink, walk-in pantry, and abundant custom cabinetry. Two lakeview primary suites provide flexibility for owners and guests, each with spa-style baths featuring soaking tubs, large walk-in showers, and generous closets. Upstairs, a game room with balcony overlook and custom bunk beds creates the ultimate lake hangout. Pella windows, foam insulation, three zoned Trane HVAC systems, tankless water heaters, smart garage access, and a security system complete the home. Double-gated entry, golf course access, fiber internet, and underground utilities add to the appeal of this Lake LBJ waterfront retreat.
Property Type
Residential
Year Built
2021
Lot Size
0.43 acres
$/Sq Ft
$909
HOA
$1200/mo
Garage
3 spaces
Pool
Yes
Listed by Keller Williams Heritage
Verified property facts
121 Houdini Way is listed at $4,375,000 with 6 bedrooms, 5 full, 1 half bathrooms, 4,814 square feet, 0.43-acre lot. This places it above the 78639 median of $1,618,350.
121 Houdini Way is zoned for BurnetCONSISD with assigned schools: Burnet (elementary), Burnet (Burnet ISD) (middle), Burnet (high). School assignments should be verified directly with the district.
121 Houdini Way is a Residential built in 2021 featuring 6 bedrooms, 5 full, 1 half bathrooms, 4,814 square feet, 0.43-acre lot.
121 Houdini Way is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 121 Houdini Way is $52,016. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Listed with current price, original ask, and market time.
BurnetCONSISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($875K)
$4,375,000
Luxury property intelligence
A sourced read on Legendary Estates On Lake Lbj pricing, timing, and property scale. No automated valuation claim.
List price
$4,375,000
Price per sqft
$909/sqft
Vs. Legendary Estates On Lake Lbj median
Not available
Days on market
89 days
Original to current
No verified reduction
$4.4M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($875,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 121 Houdini Way is around $27,036 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $4,375,000, 121 Houdini Way is in the Legendary Estates On Lake Lbj market where there are currently 89 active listings in 78639.
121 Houdini Way was built in 2021, making it 5 years old with relatively recent construction.
121 Houdini Way includes verified waterfront access. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
121 Houdini Way is part of a managed community with HOA dues of $1,200 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
12 events on record
Current Price
$4,375,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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